Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Angus, I could not have felt any worse than I did yesterday - maybe it's relative.
Thank chuff I got out on the opening bell.
...let's see what happens (eek).
If I can get my paper £5k out this morning I'm going to spend it on an even more local infrastructure project, such as landscaping the garden or new carpets/flooring :-)
With the £5k I still have, rather.
My view is 60% bail out because I can still do something tangible with the £15k I've lost, and 40% hold on as it's already so little vs where I started from I may as well see what happens.
So, sell it is. Just hoping it doesn't tank again by 50% this morning.
Game over for me. It will happen, but not with a large % of the business held by PIs is my fear.
Selling tomorrow. Good luck peeps, especially those staying in as LTHs.
Ploy? Nah, people just do get nervous when there's ambiguity and human brains are programmed to think in a binary way for decision-making, opinions, etc, so they inevitably end up with a more extreme view if they just sit there stewing over forums and not actually taking a good range of information in about a situation.
The night is always darkest just before the dawn.
All these big investors would not be involved if it wasn't going ahead, it's ludicrous to think otherwise. There has already been massive dilution for ST2, and though you can never rule it out again, I can't see how they can justify it if there are any other options. And my guess is they have many, given the size and range of stakeholders - banks, communities, governments, businesses, and entire populations of farmers and consumers needing the food, etc - involved.
What's influential on price is what is offered vs demanded at a given time.
Example: If the volume of shares on offer reduce while demand stays constant, price will rise.
Buy, imo. Out of funds for this now though, having bought 100k at average 19p.
Looking forward to the dead-cert (;-)) bond sale.
Have a nice weekend all LTHs.
Does the junk bond market tend to track the investible corporate bond market then?
Myo, the Google News feed is governed by an organic algorithm. Nobody is paying directly for news stories to appear or prioritise in a news feed.
Where it all gets murky ie paid-to-potentially-manipulate is in paid social ads in people's social feeds, eg Facebook, powered by user behaviour and click/response data processed and used by businesses like Cambridge Analytica.
So, only if you started getting Sirius-related news (positive or negative) then that could be paid-to-potentially-manipulate activity by someone, eg a hedge fund to spread negative paid content/ads.
But just news on its own is down to the news originator (but maybe they were themselves influenced under the radar to write that positive or negative coverage).
A Twist-like request for more, here.
Tuckupp, indeed - Father Christmas, or Kaiser Soze. Any mythical character like that, or in fact anyone with a pen name on an online forum...
Who are you?
Who am I??
(cue twilight zone music)
"Sure the dilution was disappointing, but given what forces are acting against this project they are doing a stifling job..."
There's the Kool aid right there. I'm as willing to take a bite of the proverbial dirt pie as the next LTH on a -50% capital growth rate since 2016, but I don't fail to see an understandable but small cognitive bias in some people's belief in this project and the willingness to bend over the barrell with a smile on their face.
Let's be honest, nobody senior in or around the financing of SXX is naive to the future value of the business or the approximate share price when that comes to fruition. What I don't accept is that - rightly or wrongly - PIs have not been entirely disregarded throughout, and IMO to a level inconsistent with the far higher regard that has been shown large/IIs.
Yes, the project couldn't have happened without IIs; but it couldn't have happened without PIs either.
Again, firstly, on balance, I accept the BoD behaviour has been reasonable throughout the complexity of the operation, stakeholders, etc, and that's life as a PI - you're not a single, powerful entity, you're divided and weak. Secondly, I still have unfailing belief in the legitimacy of the project and strategy making it valuable (global population growth, restriction of arable land globally, yield increase with the product, huge potential supply, etc, etc).
Moan, but then get it out of your system and belt up or sell up.
Misunderstanding - my fault - I meant is your handle 'Trinity' as in the Cambridge college.
What did you mean? I have nowt against CF at all. But now I wonder if there are one or two loyal employees posting on here!
Trinity, is that as in, Cambridge?
Alexios, nice bit of background.
Smacks of collusion but of course all perfectly legal.
Still, being a LTH with strong belief in the social value of the project (for end beneficiaries like those eating the food grown with the product, as well as UK stakeholders) I've nothing much to complain about - but of course I hope the sp eventually climbs again, and as long as large IIs don't suck years of future profits/NPV into a lower share price now, that will happen.
Classic example - wouldn't mind seeing the shorts get burned here.
https://www.telegraph.co.uk/finance/globalbusiness/3362913/Porsche-crashes-into-controversy-in-the-ultimate-short-squeeze.html